$TITANSemissions currently have two key objectives:
Reach and maintain adequate liquidity to facilitate optimal trading conditions β $TITANSare emitted as farming rewards to incentivize deep liquidity
Encourage decentralized governance β $TITANScan be used to take part in the governance for continuous development of the platform. The long term goal is to achieve true decentralization.
veTITANSβ ERC-721 governance token in the form of an NFT (non-fungible token)
veTITANSis the vote-escrowed version of $TITANS. Users can lock their $TITANStokens for up to 2 years to get veTITANS. The longer the lock, the higher the amount of veTITANSvoting powerreceived.
To encourage continuous locking and sustained participation from stakeholders, the veTITANSbalance of users declines over time until it reaches zero at the conclusion of the initial locking period. veTITANSpositions can be increased, split up and resold on a secondary market.
TitansNFT β ERC-721 founders' token in the form of an NFT (non-fungible token)
TitansNFT can be staked for revenue sharing. The staking pool receives a share of trading fees from TITANS, as well as royalties from secondary sales of TitansNFT.